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Chapter 17: Growth and competitiveness

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Presentation on theme: "Chapter 17: Growth and competitiveness"— Presentation transcript:

1 Chapter 17: Growth and competitiveness
Charles van Marrewijk International Trade Chapter 17: Growth and competitiveness

2 17.2 ordering of real income per capita

3 17.3 income per capita; USA, 1850-2010

4 17.4 ordering of hours worked per year

5 17.5 income per capita and number of hours worked per year
bubbles proportional to population size

6 17.6 capital accumulation in the neoclassical model
a E

7 17.7 physical and human capital accumulation
IV III E I II

8 17.8 gross savings rates 17.12 gross savings rates; high, low, and volatility, percent of income

9 SP 17.9 economic growth and forward-looking behaviour III IV E a5 II
III IV E a5 II a3 I a4 a2 a1

10 17.10 decomposition of economic growth, 1990-2014

11 17.11 ordering of share of labour compensation in income

12 17.12 manufacturing and income per capita
bubbles proportional to population size

13 17.13 the Dupuit triangle price pmax Dupuit triangle A p demand q qmax quantity

14 17.14 dynamic costs of trade restrictions 100 maximum costs
88 welfare costs dynamic costs 50 45 static costs 25 17 8 trade restrictions 1

15 17.15 economic development in China, 1960-2015

16 17.16 China; FDI inflows and outflows (% of GDP), 1982-2014

17 17.17 stages of development and subindex weights in global competitiveness

18 17.18 global competitiveness in 12 pillars for four countries, 2015


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